Welcome to the November 2024 Axelar Developer Newsletter!
About Axelar: Axelar is the Web3 interoperability platform, delivering the shortest path to scale: an open stack to connect all blockchains. Adopters include Uniswap, Microsoft, and dozens of natively multichain startups, building applications to reach all blockchain users at once – 10X as many active users as the leading Web3 application environment.
This month, we're excited to share major progress and milestones in enhancing cross-chain interoperability with Axelar's Mobius Development Stack (MDS), unlocking a new omnichain design space for developers. We also highlight the Amplify Bangkok event, the ETHGlobal Bangkok Hackathon, and updates to our developer tools and documentation.
🆙 Axelar Network's 2024 Milestones - Progress Update
Axelar's Mobius Development Stack (MDS) has officially launched, and it's just the beginning of a new era in cross-chain interoperability. With MDS, developers can seamlessly connect to over 60 blockchain ecosystems—including Solana, Sui, and XRP Ledger—while maintaining secure and open properties end-to-end.
Deploying a token that natively exists across multiple chains, preserving unique features like governance rights or yield mechanisms everywhere it's used, or effortlessly integrating augmented security by bonding restaked ETH and BTC through partnerships with EigenLayer and Babylon. With Axelar MDS, these possibilities are now a reality, opening up a world of new opportunities for decentralized applications.
Key components like the Interchain Token Service (ITS) and Axelar Virtual Machine (AVM) are now live on mainnet, enabling no-code token creation and programmable interchain logic. Plus, our collaboration with OpenZeppelin is set to establish standardized, vendor-agnostic cross-chain communication interfaces, empowering developers to build multichain dApps from day one. Learn more.
🎉 Amplify Bangkok @ Devcon 2024
Amplify Bangkok brought together blockchain leaders, experts, and builders to explore cutting-edge advancements in interoperability, decentralized technologies, and cross-chain innovation. Hosted alongside Devcon, this event featured live debates, insightful talks from top industry speakers, and exciting networking opportunities. Keynote speakers included Andy from The Rollup, Camila Russo from The Defiant, Ed Felten from Arbitrum, and Georgios Vlachos from Axelar Protocol.
Missed it? Don’t worry —watch the video here.
🔬 ETHGlobal Bangkok Hackathon
We are excited to be a part of the ETHGlobal Bangkok Hackathon (November 15–17, 2024) by offering a bounty to developers from around the world who gathered in Thailand to explore solutions in interoperability, privacy, and decentralized systems. This event featured over 1,000 attendees, 68 protocols, and 61 workshops, with $750,000 in prizes across various categories, including Axelar's $4,000 bounty.
Here are some of the standout projects from the event:
Mooodeng: Mooodeng is an omnichain token solution integrating multiple cross-chain protocols, enabling seamless token transfers and interactions across blockchain ecosystems.
ETHVercel: ETHVercel enables the deployment of sovereign applications with ZK-powered location validation, earning Proof of Deployment tokens (ERC-5192) while maintaining granular access control in a collaborative ecosystem.
Swift Easy: Swift Easy is a dual-ledger-based SWIFT extension designed for enterprise-grade cross-border payments.
Smooth Store: SmoothStore is a decentralized storage platform with seamless onboarding using EIP-7702 biometric authentication, enabling secure file storage via FaceID or fingerprint.
BS-ITC: BS-ITC enables cross-chain token transfers, facilitating a smoother user experience for decentralized ecosystems.
This hackathon was a fantastic opportunity for developers to experiment, collaborate, and showcase their ideas. We look forward to seeing more innovative projects in future hackathons—stay tuned for even more events in 2025!
For more about Axelar and how we are helping to build the "Internet of Blockchains," check out Axelar Network“
📚 New Tutorials, Docs, and More
We've just published several technical articles and documentation updates.
Axelar GMP / Amplifier
🎤 Catch up on any events you missed
Did you miss our recent talks? Here are some highlights:
📌 Stay Connected
We have a lot more planned for the upcoming months, so you won’t want to miss out.
Thank you for being a part of the Axelar community. We can't wait to see what you'll build next!
